Reliance's Jio, Gortune pre-qualify for Sri Lanka Telecom stake bid - govt
On Wednesday, the Sri Lankan government announced the pre-qualification of Jio Platforms, a subsidiary of India's Reliance Industries Ltd, and Gortune International Investment Holding to participate in the bidding process for shares in Sri Lanka T...
By Reuters | Updated:
ETMarkets.com
The Sri Lankan government said on Wednesday it has pre-qualified Jio Platforms, a unit of India's Reliance Industries Ltd, and Gortune International Investment Holding to bid for stakes in Sri Lanka Telecom.
This is a part of Sri Lanka's efforts to reduce government stake in state-owned firms under the $2.9 billion International Monetary Fund (IMF) programme.
This is a part of Sri Lanka's efforts to reduce government stake in state-owned firms under the $2.9 billion International Monetary Fund (IMF) programme.
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